The Official Stock Market Thread - Page 146

ifish73 · 06-16-2022, 08:39 PM

Not stock market but does anyone put money in `I' bonds?

chippv · 06-16-2022, 09:12 PM

Quote:

Originally Posted by ifish73

Not stock market but does anyone put money in `I' bonds?

Safe investment is annuity or money market account now till the market flips. The bond market sucks right now

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nman84 · 06-16-2022, 10:45 PM

Quote:

Originally Posted by chippv

Safe investment is annuity or money market account now till the market flips. The bond market sucks right now

Sent from my iPhone using Tapatalk

I-bond rate is 9.62% right now. Nice place to park $10k to protect it against inflation.

jcardstore · 06-17-2022, 07:21 AM

Quote:

Originally Posted by nman84

I-bond rate is 9.62% right now. Nice place to park $10k to protect it against inflation.

Except you're locked in and it tracks CPI so when that comes down it's going to be yielding next to nothing.

The fixed rate on ibonds is 0% and you have to hold for what... 5 years before you take withdraw without penalty?

Imo I bonds only make sense if you think inflation is going up not when it's at a 40 year high.

NYBBFAN · 06-17-2022, 09:06 AM

+35% on the week. C u next Tuesday.

Josh611 · 06-17-2022, 03:51 PM

Quote:

Originally Posted by jcardstore

Except you're locked in and it tracks CPI so when that comes down it's going to be yielding next to nothing.

The fixed rate on ibonds is 0% and you have to hold for what... 5 years before you take withdraw without penalty?

Imo I bonds only make sense if you think inflation is going up not when it's at a 40 year high.

I mean it all depends on what you're doing with the $10k. If it's going to sit in a bank earning nothing, might as well buy the bond.

Even if you take it out after first year they only take 3 months of interest. Would still give a ~7% risk free yield. Taxable none the less but still better than sitting in cash. I doubt inflation will roll over to nothing in the next 365 days.

finfangfan · 06-18-2022, 04:59 AM

Bitcoin down to $19,145.

jcardstore · 06-18-2022, 06:19 AM

Quote:

Originally Posted by Josh611

I mean it all depends on what you're doing with the $10k. If it's going to sit in a bank earning nothing, might as well buy the bond.

Even if you take it out after first year they only take 3 months of interest. Would still give a ~7% risk free yield. Taxable none the less but still better than sitting in cash. I doubt inflation will roll over to nothing in the next 365 days.

Well they recalculate in 6mos. So if you figure CPI has come in to 5-6% that rate gonna come way down then you’re locked in for another 6mos so realistically you’re not getting 7% in a year so you’re maybe getting 4-5% and whatever taxes are.

Even if it was gonna be 7% you don’t think if you put $10k into SPY right now you’re gonna get a 7% return in a year?

I just can’t rationalize an ibond when by most measures CPI has peaked / is peaking. 8% rate of change MoM is a really high number and we’re already seeing demand destruction. Add in that SPY is down what, 25% or something?

No brainer to buy SPY over ibonds right now.

But of course if the only 2 options are ibonds or money in the bank obviously ibonds. There’s absolutely no reason to be keeping money in a bank right now

KhalDrogo · 06-18-2022, 11:16 AM

Quote:

Originally Posted by finfangfan

Bitcoin down to $19,145.

Can’t wait to see what another brutal crypto weekend does to the real market on Monday.

visualplane · 06-18-2022, 03:39 PM

Quote:

Originally Posted by finfangfan

Bitcoin down to $19,145.

17,750 now

Pacmeyer · 06-18-2022, 04:32 PM

Quote:

Originally Posted by visualplane

17,750 now

not bad for monopoly money

JMarchand1981 · 06-22-2022, 12:13 PM

Quote:

Originally Posted by jcardstore

Except you're locked in and it tracks CPI so when that comes down it's going to be yielding next to nothing.

The fixed rate on ibonds is 0% and you have to hold for what... 5 years before you take withdraw without penalty?

Imo I bonds only make sense if you think inflation is going up not when it's at a 40 year high.

You aren’t locked in after a year. You give back points in months 13-15 but you are good after month 15.

Divino · 06-22-2022, 12:24 PM

ATHA took a beating today. I have a small position in it, so it's not going to kill me, but it's just comical at this point how bad I am at this!

jcardstore · 06-22-2022, 12:31 PM

Quote:

Originally Posted by JMarchand1981

You aren’t locked in after a year. You give back points in months 13-15 but you are good after month 15.

Thanks, I don't know the specifics about how / when you can withdraw. I just don't understand why you'd buy an i bond with peaking, 40 year high inflation rates.

Cheken · 06-24-2022, 04:38 PM

Setup for Monday selloff again?

xbignick · 06-24-2022, 05:22 PM

Quote:

Originally Posted by Cheken

Setup for Monday selloff again?

Wouldn't mind a red week. +7% move between my deposit and it clearing. Now just going to leave it sitting there.

NYBBFAN · 06-24-2022, 06:19 PM

Quote:

Originally Posted by Cheken

Setup for Monday selloff again?

I had thought that, but I wasn’t convinced enough to hold anything over the weekend. I think month- and quarter-end window dressing will be in full effect while pensions buy in and rebalance.

July 5th and onward is when I expect to see downside again. July 28th should bring some fireworks when the first Q2 GDP estimate is released.

Cavaliercards · 06-26-2022, 01:43 AM

Quote:

Originally Posted by NYBBFAN

I had thought that, but I wasn’t convinced enough to hold anything over the weekend. I think month- and quarter-end window dressing will be in full effect while pensions buy in and rebalance.

July 5th and onward is when I expect to see downside again. July 28th should bring some fireworks when the first Q2 GDP estimate is released.

Pre-Holiday Effect is this week and should help bring some gains.

babyfaceposey · 06-30-2022, 12:39 PM

https://www.dailywire.com/news/stock...aign=dwtwitter

xbignick · 07-01-2022, 11:56 AM

Calm down Coupang.

finfangfan · 07-08-2022, 04:42 PM

Quote:

Originally Posted by finfangfan

This sounds like Elon being Elon…. Make a big splash and then change course. Probably was his escape plan all along to point to “fake accounts” and back out if things went sour (which it appears they are):

Elon Musk says Twitter deal on hold pending details on fake accounts; shares sink 10%

https://www.cnbc.com/2022/05/13/elon...-accounts.html

Quote:

Originally Posted by Brobocop

Elon has publicly acknowledged the fake accounts multiple times on Twitter. He never had any real intention to buy the company. I feel like he wanted an excuse to sell some Tesla shares without causing a panic and he also loves to see his name in the news.

Quote:

Originally Posted by cnewby

Nice opinion, I bet he still acquires it.

Looks like Elon is terminating deal….

Elon Musk notifies Twitter he is terminating deal

https://www.cnbc.com/2022/07/08/elon...ting-deal.html

Brobocop · 07-08-2022, 05:24 PM

Quote:

Originally Posted by finfangfan

Looks like Elon is terminating deal….

Elon Musk notifies Twitter he is terminating deal

https://www.cnbc.com/2022/07/08/elon...ting-deal.html

Thanks for doing the work for me of bumping that nice hot take up.

rcmb3220 · 07-08-2022, 06:12 PM

Quote:

Originally Posted by finfangfan

Looks like Elon is terminating deal….

Elon Musk notifies Twitter he is terminating deal

https://www.cnbc.com/2022/07/08/elon...ting-deal.html

Very out of character. He never pulls out of anything.

babyfaceposey · 07-08-2022, 07:14 PM

Quote:

Originally Posted by finfangfan

Looks like Elon is terminating deal….

Elon Musk notifies Twitter he is terminating deal

https://www.cnbc.com/2022/07/08/elon...ting-deal.html

Smart move. Should be interesting on Monday. Does anyone think twitter will actually take this to court? They could be exposed for the actual fraud on investors and corporations paying for AD's because of bots. Which opens them up to more litigation. There is no win either way if your twitter. Just my opinion.

Brobocop · 07-08-2022, 08:06 PM

Quote:

Originally Posted by babyfaceposey

Smart move. Should be interesting on Monday. Does anyone think twitter will actually take this to court? They could be exposed for the actual fraud on investors and corporations paying for AD's because of bots. Which opens them up to more litigation. There is no win either way if your twitter. Just my opinion.

Yes, they should take him to court. It's not on them to go into how many accounts are bots, Elon waived diligence and now he's gotta face those consequences.

I've always held that he did this as a way to unload some Tesla stock without causing a massive drop in value. He just did it at the worst possible time as the market headed into a bear market.

The Board of Twitter owes their shareholders to do whatever they can to hold Elon to the deal he made on his own.

06-16-2022, 08:39 PM	#3626
ifish73 Member Join Date: Jan 2008 Location: S. New Jersey Posts: 16,871 ifish73	Not stock market but does anyone put money in `I' bonds? __________________ Click below to be notified when I post a new break https://mailchi.mp/d6af07d2852b/ifish73

06-17-2022, 09:06 AM	#3630
NYBBFAN Member Join Date: Apr 2019 Posts: 4,846	+35% on the week. C u next Tuesday. __________________ https://gallery.us175.com/ https://inv.us175.com/wantlist

06-24-2022, 04:38 PM	#3640
Cheken Member Join Date: Jan 2011 Location: Queens, New York Posts: 3,133	Setup for Monday selloff again? __________________ http://s1107.photobucket.com/albums/h381/ChekenCollection/

07-01-2022, 11:56 AM	#3645
xbignick Member Join Date: Jul 2010 Location: New Jersey Posts: 29,306 xxbignick	Calm down Coupang. __________________ @xxbignick on twitter

06-18-2022, 04:59 AM	#3632
finfangfan Member Join Date: Oct 2013 Posts: 10,875	Bitcoin down to $19,145.

06-22-2022, 12:24 PM	#3638
Divino Member Join Date: Mar 2009 Location: Racine, WI Posts: 7,675 divino	ATHA took a beating today. I have a small position in it, so it's not going to kill me, but it's just comical at this point how bad I am at this!

06-30-2022, 12:39 PM	#3644
babyfaceposey Member Join Date: Feb 2012 Location: Pensacola, Florida Posts: 8,309 Babyfaceposey	https://www.dailywire.com/news/stock...aign=dwtwitter